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Moody’s

NJ Job Losses Reach 16K For 2025; What Does 2026 Hold?

“We may start seeing signs of a recession, but that doesn’t mean we’re in a recession,” he told NJ101.5. “The economy is constantly flowing, changing. I don’t see us at the moment being in recession. But there clearly is potential for that.”

Atlantic City facing possible default, Wall Street warns

Joseph Seneca, a Rutgers University economist, said Wall Street's warnings held no surprise. "The fiscal realities here and now though are pretty dire," he remarked. "The drop of more than 50 percent drop in the tax base is stunning. It has to have deep and...

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